Manufacturing ramped up in May, improving from strong results the month before, the Institute for Supply Management said today.
The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Reverse engineering is becoming multifaceted and complex. The key drivers: new metrology sensors and more capable software, enabled by ever more powerful and cheaper computing.
Machine tool orders surged in August on both a monthly and year-over-year basis, an indicator of the industry’s recovery from COVID-19.
The COVID-19 pandemic clearly proved challenging to the manufacturing industry in myriad ways. Now, as nations and industries begin to navigate their way forward as restrictions are lifted, manufacturers have an opportunity to put into practice some lessons learned.
Stephanie Brinley of IHS Markit provides an overview of the global auto industry, including how the drive for EVs is affecting automakers.
The pace of manufacturing improved slightly in August and continues at high levels, the Institute for Supply Management said today.
An official of the Aluminum Association makes the case why aluminum will be important for the electrification of vehicles.
New orders for durable goods slipped in July, paced by a decline in transportation equipment.
Ford Motor Co. today reported a second-quarter profit with the automaker’s finance unit making up for losses in its vehicle operations.